Alonso buys World Tour professional cycling team

Fernando Alonso is a keen cyclist

Fernando Alonso is a keen cyclist

Formula 1 World Champion Fernando Alonso is poised to become the partner owner of a professional cycling team.

On Sunday, the Ferrari driver sent the ‘Twittersphere’ into a frenzy when he announced that “important news” would shortly be announced.

Some wondered if he would announce a switch to Red Bull, confirm Kimi Raikkonen as his next teammate, or perhaps reveal his engagement to Russian model girlfriend Dasha.

Actually, specialist cycling media outlets on Monday said that Alonso, a road cycling and fitness enthusiast, has bought the Spanish World Tour team Euskatel-Euskadi.

El Periodico said that Alonso and his sponsors will fund a € 6 million budget for 2014 for the team, which was set to fold at the end of this year.

Euskaltel-Euskadi, from the Basque region, released a statement confirming the agreement with Alonso, adding that more information will be forthcoming. (GMM)

Subbed by AJN.

  • Faceman

    All because Ferrari offered to fund Kimi’s motocross and snowcross teams, lol….

    oh and so Luca knows Alonso is capable of leaving F1 just to spite him. Just like Kimi…. the last Ferrari WDC.

  • Rey Rodrigo Sanchez

    line up contador to that team…cheers!